INNOVIK
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INNOVIK

SAP Functional Support


Our Remote Support delivery model for sap support and services is accepted and appreciated by many of our customers.

SAP S4HANA Implementation

Material Management (MM)


Material Management handles the procurement to payment process, from inventory through final invoice receipt and verification.

SAP ERP Materials Management is a part of SAP Logistics functionality. The SAP Logistics function incorporate a number of distinct areas that together follow the movement of materials from manufacturer to consumer. Logistics is the management of business operations, including the acquisition, storage, transportation, and delivery of goods along the supply chain. Materials Management contains many aspects of SAP functionality, including purchasing, goods receiving, material storage, inventory, and invoicing.

The expertise of Innovik have following domains:

  • Master Data management
  • Procurement of consumable Material
  • Procurement of stock Material
  • Procurement through consignment
  • Subcontracting Process
  • Procurement of external services
  • Inventory management
  • Physical Inventory
  • MRP
  • Invoice verification
  • Vendor Quotation and Quotation management
  • Processing taxes and duties
  • Sales & Distribution (SD)


    SAP Sales and Distribution is one of the key components of SAP ERP system and is used to manage shipping, billing, selling and transportation of products and services in an organization.

    SAP Sales and Distribution module is a part of SAP Logistics module that manages customer relationship starting from raising a quotation to sales order and billing of the product or service. This module is closely integrated with other modules like SAP Material Management and PP.

    Innovik's SD solutions support organisation sales process, from quotations to sales orders to billing. implmentation expertise includes:

  • Presales and contracts
  • Intra and Cross Company processes
  • Domestic/International sales process
  • Third party and sample processing
  • Foreign Trade
  • Handling of cash order/rush order
  • Consignment processing
  • Delivery
  • Invoicing
  • SAP Functioanl Support
    Financial Services

    Finance & Controling (FI/CO)


    SAP FI module as the term suggests deals in managing financial transactions within enterprises. This financial accounting module helps employees to manage data involved in any financial and business transactions in a unified system. This module functions very well for reporting requirements. The SAP FI module is very flexible and functions well in any type of economic situation. Be it a smaller organization or a larger organization, SAP implementation helps in consolidating data for diverse business transactions and legal requirements. Financial Accounting module helps one to get real-time financial position of an enterprise in the market. SAP FI incorporates with other SAP modules such as SAP SD, SAP MM, SAP PP, Payroll and more for better work results.

    The expertise of Innovik have following domains:

  • Cost Elements
  • Profit Center Accounting
  • Cost Center Accounting
  • Internal Order
  • Profitability Analysis
  • Cash Management
  • Design of Tax Structure
  • Fixed Assets Accounting
  • General Ledger
  • Account Receivable
  • Account Payable
  • Bank
  • Financial Consolidation
  • Financial Closing